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The required minimum distribution for any year is the account balance as of the end of the immediately preceding calendar year divided by a distribution period from the IRS’s “Uniform Lifetime Table.” A separate table is used if the sole beneficiary is the owner’s spouse who is ten or more years younger than the owner. In this regard, the following materials will be useful to you in determining required distribution amounts and payout periods:
See the chart comparing IRA and defined contribution plan RMDs.
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